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by untog
4300 days ago
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"Banking is already well established in Scotland and in the same way that New York’s banking infrastructure has slowly given rise to a growing clutch of tech companies" Two thoughts: many Scottish banks have indicated that they will relocate in the event of independence: http://money.cnn.com/2014/09/11/news/economy/scotland-indepe... and I'm not so sure that the NYC tech scene has sprung up as a result of its banking industry. In many ways it has held it back, by taking a lot of tech talent. "There’s a real opportunity for growth in an Independent Scotland as a direct result of significant foreign investment (see the Irish tiger of the 80s and 90s)." Given the current state of Ireland, I really, really, really don't think you want to use the Irish tiger as a possibility for a future Scotland. |
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Relocating a registered office address, and relocating operations, are entirely different things.
Given the current state of Ireland, I really, really, really don't think you want to use the Irish tiger as a possibility for a future Scotland
Irish GDP per capita is higher than the UK. The fact that there was gross economic mismanagement over the past 15 years doesn't mean that the economy is a permanent basket case.